Professors Hill and Cox Op-Ed and Editorial Mention in Star Tribune

Professors Claire Hill and Prentiss Cox published a joint op-ed in the Star Tribune, where they noted the problems in the real estate and financial markets caused by the failure of banks to follow legal requirements for foreclosure. Hill and Cox offered a proposed solution that involved more lenient proof of ownership in foreclosure proceedings in return for standardized loan modification formulas that include principal reductions for homeowners in foreclosure.

An accompanying Star Tribune editorial praised Cox and Hill as "nationally respected Minnesota mortgage crisis experts (who) have proposed intelligent solutions" for the foreclosure problem.